THE PRIMARY EXEMPT PURPOSE OF THE WELFARE BENEFIT PLAN IS TO PROVIDE A SOURCE OF FUNDING FOR MEDICAL BENEFIT COVERAGE TO MEMBERS WHO ARE NON-COLLECTIVELY BARGAINED RETIRED EMPLOYEES AND THEIR COVERED DEPENDENTS.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
Trustee Board Member 10th to 25th percentile | $3k $3k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay fell 48% from 2023 to 2024, while revenue fell 38%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
LOCKHEED MARTIN CORPORATION BENEFIT TRUST - VEBA 1 reported revenue and expenses across 2 filing years.
Common questions about LOCKHEED MARTIN CORPORATION BENEFIT TRUST - VEBA 1
What does the Board Member of LOCKHEED MARTIN CORPORATION BENEFIT TRUST - VEBA 1 earn?
In 2024, the Board Member of LOCKHEED MARTIN CORPORATION BENEFIT TRUST - VEBA 1 received $2,928 in total compensation. This pay is in the bottom quarter for Board Member roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at LOCKHEED MARTIN CORPORATION BENEFIT TRUST - VEBA 1 compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at LOCKHEED MARTIN CORPORATION BENEFIT TRUST - VEBA 1 falls between the 10th and 25th percentiles.
What are LOCKHEED MARTIN CORPORATION BENEFIT TRUST - VEBA 1's revenue and expenses?
In 2024, LOCKHEED MARTIN CORPORATION BENEFIT TRUST - VEBA 1 reported $1.1M in total revenue and $2.1M in total expenses on its IRS Form 990.
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